Meaning Of the Bond Mkt Inversion..

[nota]

Originally Posted by tabs

You don't make any sense...

those BLINDED BY DOGMA do think that way

other then interest rates what else effects inflation ?

hint money supply and tax rates

TAX THE RICH

in ways they can't dodge
plus it reduces the debt load on the nation
UNLIKE RATE HIKES
REMOVES CASH FROM THE INFLATION CYCLE

only problem is the Gop dogma

[fintstone]

As an aside, Nota would you tell us what you do to keep your mind sharp?

As per this thread?

https://forums.pelicanparts.com/off-topic-discussions/1131136-retirees-what-you-doing-keep-your-mind-sharp.html

[McLovin]

Originally Posted by nota

those BLINDED BY DOGMA do think that way

other then interest rates what else effects inflation ?

hint money supply and tax rates

TAX THE RICH

in ways they can't dodge
plus it reduces the debt load on the nation
UNLIKE RATE HIKES
REMOVES CASH FROM THE INFLATION CYCLE

only problem is the Gop dogma

I hear the tax the rich thing often, and that the upper income people don’t pay their “fair share,” but is that true?
Who is paying the bulk of the taxes now?
Should be an objective answer that is easily confirmed.
(Like, how much do the bottom 25%, 50%, 90% etc pay currently).

[fintstone]

Originally Posted by McLovin

I hear the tax the rich thing often, and that the upper income people don’t pay their “fair share,” but is that true?
Who is paying the bulk of the taxes now?
Should be an objective answer that is easily confirmed.
(Like, how much do the bottom 25%, 50%, 90% etc pay currently).

According to an article from the National Taxpayers Union Foundation, IRS statistics show that in 2020, the top 25 percent of earners paid nearly 89 percent of all income taxes while lower income earners pay little. The bottom 50 percent of earners pay 2.3 percent of the nation's income taxes. many filers with no income tax liability either because their earnings were below the taxable threshold or due to eligibility for tax credits that reduce income tax liability. The data shows that over 61 million 2020 tax returns in 2020 paid no income taxes. 94 percent of these were filed by those with incomes of less than $50,000. Poor people don't pay a lot of taxes and they generally don't hire people and pay salaries.

[jyl]

Interesting BOJ move today. +25bp on Japanese Govt Bond (JGB) yield doesn't sound like much, but US Treasury yields all moved up and Japanese yen moved up vs US dollar, pretty smartly.

Japanese investors borrow yen at pay near-zero Japanese rates, buy dollars and get rather healthy US rates, while hedging yen-dollar.

If Japanese rates go up, and yen goes up, then for the carry trade to remain equally attractive, US rates have to rise.

The carry trade is very large, but I don't know how large or small this particular effect will be. Not my area of specialty at all.